Research output: Contribution to Journal/Magazine › Journal article › peer-review
Research output: Contribution to Journal/Magazine › Journal article › peer-review
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TY - JOUR
T1 - Hiring older workers and employing older workers
T2 - German evidence
AU - Heywood, John
AU - Jirjahn, Uwe
AU - Tsertsvardze, Georgi
PY - 2010/3/1
Y1 - 2010/3/1
N2 - Using German establishment data, we examine the relationship between delayed compensation, training, and hiring of older workers. Both those establishments that delay compensation and those with greater human capital requirements are less likely to hire older workers. We demonstrate that the routinely used control for the age of existing workers is endogenous and that instrumenting provides stronger evidence for the role of delayed compensation. Specifically, delayed compensation is simultaneously a negative determinant of hiring older workers but a positive determinant of employing older workers and, thus, more clearly associated with “employing older workers but not hiring them.”
AB - Using German establishment data, we examine the relationship between delayed compensation, training, and hiring of older workers. Both those establishments that delay compensation and those with greater human capital requirements are less likely to hire older workers. We demonstrate that the routinely used control for the age of existing workers is endogenous and that instrumenting provides stronger evidence for the role of delayed compensation. Specifically, delayed compensation is simultaneously a negative determinant of hiring older workers but a positive determinant of employing older workers and, thus, more clearly associated with “employing older workers but not hiring them.”
KW - Older workers
KW - Delayed compensation
KW - Specific training
U2 - 10.1007/s00148-008-0214-7
DO - 10.1007/s00148-008-0214-7
M3 - Journal article
VL - 23
SP - 595
EP - 615
JO - Journal of Population Economics
JF - Journal of Population Economics
SN - 0933-1433
IS - 2
ER -